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Anvisha [2.4K]
3 years ago
6

Operating profit is essentially a measure of how efficient management is in generating revenues and controlling expenses. True F

alse
Business
1 answer:
Paul [167]3 years ago
3 0

Answer:

true

Explanation:

Operating profit is referred to as the profit gained by the corporation in business. it is calculated by subtracting all expenses from the total profit over the given period.

it is considered to be the best way to determine how management tactics are helpful or beneficial for the organization. it helps to decide on the working policy for future goals.

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Pacific Company sells only one product for $ 12 per​ unit, variable production costs are $ 3 per​ unit, and selling and administ
AveGali [126]

Answer: The operating income is​ $<u>76 comma 500</u> when 11 comma 000 units are sold.

Explanation:

Selling price = $12 / unit

Variable cost of production = $3 / unit

Selling and Admin cost = $1.5 / unit

Fixed cost for 11 comma 000 units are $ 6 comma 000.

For 11 comma 000 units,

Sales  = 12 x 11000 = $132000

cost of production = 3 x 11000 = $33000

Selling and Admin cost = 1.5 x 11000 =$16500

Fixed cost = $6000

Operating Income = Sales - Cost of Production - Selling and Admin cost - Fixed cost

Operating income = 132000 - 33000 - 16500 - 6000 = $76,500

The operating income is​ $<u>76 comma 500</u> when 11 comma 000 units are sold.

4 0
3 years ago
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So, I got accepted to Stanford University, and I want to know more about it. Has anyone here got accepted to an Ivy League colle
levacccp [35]
I personally have not but my aunt did and she says it’s absolutely amazing! she really recommends:) oh and CONGRATS THATS AMAZING<33
5 0
3 years ago
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Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
sladkih [1.3K]

Answer: a. Making authorized commitments

Explanation:

Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.

These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.

All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "<em>Employees shall make no unauthorized statements</em>..." thus insinuating that employees are allowed to make Authorized statements.

8 0
3 years ago
In accounting What is revenue
mylen [45]
Fess earned from providing services and the aumounts of merhandise sold. hope this is the right awser and I love to help you anytime
8 0
3 years ago
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If the contribution margin is not sufficient to cover fixed expenses:.
Elan Coil [88]

If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

<h3>What is a Contribution Margin?</h3>

The contribution margin can be expressed in gross income terms.  After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.

The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.

This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.

Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

Learn more about contribution margin here:

brainly.com/question/24881206

7 0
2 years ago
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